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Summit Power (DHA:SUMITPOWER) 3-Year Dividend Growth Rate : -26.30% (As of Jun. 2023)


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What is Summit Power 3-Year Dividend Growth Rate?

Summit Power's Dividends per Share for the three months ended in Jun. 2023 was BDT0.00.

The historical rank and industry rank for Summit Power's 3-Year Dividend Growth Rate or its related term are showing as below:

DHA:SUMITPOWER' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -26.3   Med: -3.65   Max: 49.5
Current: -26.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Summit Power was 49.50% per year. The lowest was -26.30% per year. And the median was -3.65% per year.

DHA:SUMITPOWER's 3-Year Dividend Growth Rate is ranked worse than
92.91% of 296 companies
in the Utilities - Regulated industry
Industry Median: 5.05 vs DHA:SUMITPOWER: -26.30

During the past 12 months, Summit Power's average Dividends Per Share Growth Rate was -42.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -26.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -6.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Summit Power's Dividend Payout Ratio for the three months ended in Jun. 2023 was 0.00. As of today, Summit Power's Dividend Yield % is 4.26%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Summit Power Ltd is 0.99, which seems too high.

Warning Sign:

Summit Power Ltd stock dividend yield is close to 5-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Summit Power's 3-Year Dividend Growth Rate

For the Utilities - Regulated Electric subindustry, Summit Power's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Summit Power's 3-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Summit Power's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Summit Power's 3-Year Dividend Growth Rate falls into.



Summit Power 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Summit Power  (DHA:SUMITPOWER) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Summit Power's Dividend Payout Ratio for the quarter that ended in Jun. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2023 )/ Earnings per Share (Diluted) (Q: Jun. 2023 )
=0/ 0.02
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Summit Power was 0.99. The lowest was 0.27. And the median was 0.68.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Summit Power Ltd is 0.99, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Summit Power Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BDT 1.0000002024-03-182024-03-140000-00-00Cash DividendannuallyBDT:BDT 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Summit Power's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1/23.50
=4.26 %

Current Share Price is BDT23.50.
Summit Power's Dividends per Share for the trailing twelve months (TTM) ended in Today is BDT1.

During the past 13 years, the highest Dividend Yield of Summit Power was 14.25%. The lowest was 2.23%. And the median was 7.28%.

Warning Sign:

Summit Power Ltd stock dividend yield is close to 5-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Summit Power 3-Year Dividend Growth Rate Related Terms>


Summit Power (DHA:SUMITPOWER) Business Description

Traded in Other Exchanges
N/A
Address
Karwan Bazar C/A, Summit Centre, 18, Dhaka, BGD, 1215
Summit Power Ltd is engaged in the generation and supply of electricity. It focuses on developing, owning, and operating power generating assets. It owns and operates 15 power plants at different locations in Bangladesh with a total Installed capacity of 975.96 MW. The company supplies electricity to Bangladesh Power Development Board and Bangladesh Rural Electrification Board.

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